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Showing 551 - 560 of 4551 results for "Holding"

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... SEC complaint, Kraken blends its customers' money with its own, paying operational expenses directly from accounts holding customer cash. It also allegedly mixes its customers' crypto assets with its own, creating something its own auditor had ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... combination of cash and debt to fund the acquisition. This equates to 19.9% of the business. ClearView said it obtained a 24.5% holding in Centrepoint in November 2021 as part of the arrangement for selling its financial advice businesses to Centrepoint. ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... services business. Concurrently, Fortnum is set to purchase Australian Unity Personal Financial Services (PFS), the entity holding the advice AFSL. The private wealth company will continue to provide licensing and business support for PFS's network of ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... businesses... Thereby strengthening our strategic positioning in the marketplace." Praemium is a current shareholder in Complii, holding almost 12 million shares (representing 2% of Complii's total ordinary shares). "We are looking forward to collaborating ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
Over 80% of insurers are adopting a cautious investment approach, signalling their intent to decrease exposure to risk in the coming six months. Janus Henderson, in collaboration with Investment Trends, released its 2023 Insurance Asset Management Report ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

BlackRock plans to launch Ethereum ETF

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... Bitcoin ETF. The iShares Ethereum Trust aims to track the price of Ether, affording investors an alternative to acquiring, holding, and trading the cryptocurrency on peer-to-peer networks or digital exchanges. BlackRock's Ethereum Trust was designed ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... over the coming years." In its September 2023 update to the ASX, Regal Partners said FUM remained flat for the quarter, holding steady at $5.8 billion.

Betashares launches currency-hedged FTSE 100 ETF

CASSANDRA BALDINI  |  TUESDAY, 31 OCT 2023
Betashares has launched its FTSE 100 Currency Hedged ETF (H100) on the ASX, to provide local investors exposure to global blue-chip companies. According to Betashares, the ETF will track the performance of the AUD currency-hedged FTSE 100 Index, before ...